· AppTech Payments Corp (APCX) does not have any developed products, their digital payment and banking platform are still in the development and beta stage. Their legacy business has never generated any significant revenues nor profits. · APCX’s digital payments and banking platform might be worthless. Most of their intangible capitalized assets were impaired and were related to development of their fintech platform, “Commerse” in collaboration with Infinios through a strategic partnership that has been terminated.
My name is Mehrak (Mayrack) Hamzeh, I am the author of the patents for AppTech, acting as CTO and Director of IP and Partnerships. Please contact me directly at mhamzeh@apptechcorp.com so you can get the real scoop versus making up defamatory comments. Your short position needs to run for the hills. We are a real deal, get your facts straight, InstaCash is a real deal, please check their website by Friday their new logo/brand will be up. For anyone doubters out there, call me 858.997.9135.
Expecting end of Q4 2023, early 2024 hence our acquisition of Finzeo. You can contact me for a full interview, happy to share. Not sure how that's going to help your short position.
My name is Mehrak (Mayrack) Hamzeh, I am the author of the patents for AppTech, acting as CTO and Director of IP and Partnerships. Please contact me directly at mhamzeh@apptechcorp.com so you can get the real scoop versus making up defamatory comments. Your short position needs to run for the hills. We are a real deal, get your facts straight, InstaCash is a real deal, please check their website by Friday their new logo/brand will be up. For anyone doubters out there, call me 858.997.9135.
Your YouTube video was the most unprepared, jumbled piece of work I’ve ever seen, similar to this horribly written article. You are a wannabe Hindenburg but even they would never allow you to work for them so you are stuck posting with no name YouTubers and substacks. You are very lucky you live in a world where idiots are free to roam and feel empowered to speak out online since no one can grab you thru a computer screen. You would never be able to stand up in a professional group and go over your findings.
"Revenue was approximately $223 thousand and $227 thousand for the six months ended June 30, 2023 and 2022, representing a decrease of 2%. The decrease was principally driven by lower transaction volume and fewer merchant accounts."
That is from APCX's most recent 10Q. Whatever product you have does not generate much for the company at this point. And if I am wrong about APCX, then that will show in the future periods, in terms of revenue and profitability. However, in at least the last 10 years, there is not much revenue nor profit. How long will it take to reverse that and sell your product commercially at scale at profit is a big unknown. Until then I have already made my position clear in my report. Now that you are open for communication I will certainly reach out to you if I have any further questions about the company going forward. Wish you all the luck!
Yes, it took that long for the technology to populate and propagate on every mobile phone computer. I am excited to hear your report on us for Q3'23, Q4'23 then 2024++. All the best :)
I must be thinking of another of these fake report sites, my apologies I must have confused it with another website. I can delete/retract my statement. Why haven't you requested a product review yet? This way you will know we have products.
You impaired $6m worth of capitalized intangible asset related to them, which basically means $6m of future product that no longer exists. How does it impact your product in development? What is actually left of that collaboration worth of product that have been beta tested since end of 2022 with them on board?
I will provide the answer when you disclose how many shares your short and who's position you represent? Like I said, we found a quicker and more efficient way to come to market which tremendously impacts AppTech's completion of development. Finzeo puts us in market with revenue and our current products which you failed to point out.
And with no product ready you need to raise cash and dilute current shareholders and than dilute more since even if you develope it by say, end of the year or next year, you would have to raise cash again, and dilute more decreasing shareholders value, since the company does not generate much in revenue and the product would have to out compete Zelle, Venmo, Cash APP and possibly other companies. So how is what you have worth 54M in market capitalization? And the value of those patents don't seem worth much on the balance sheet, you have $243k in intangible assets there. Is that what those patents worth?
We have not done an appraisal on the patents yet, but do the math last year over $185 billion dollars was transacted over text to pay. How much royalty revenue do you think we should get? Why don't do you homework and review our patents, they are gold. Our market cap is low, the upside is limitless licensing. We are about to execute our IP licensing strategy this year as well. Let's do a live podcast tell the world the truth. Who's short interest do you represent?
"How much royalty revenue do you think we should get?"
Hello. Why are you asking the author how much revenue you should get? Don't you know? Your the one who is running the scam.
"do the math last year over $185 billion dollars was transacted over text to pay."
What math is there to do? How much royalty revenue was made from these transactions? What new invention are your patents? Are you claiming that you invented digital payments? What company out there is making money from royalty revenue regarding digital payments? I've never heard of such a thing.
Hi there!!! Great to meet you. No one is running a scam, please refrain from the false word choice as that is defamatory. What's your name? If you're going to defame our name, at least tell me your name. We kick off our IP licensing strategy end of this year. No, we are not claiming we invented digital payments, but our technology is widely used in mobile payment which we are capitalizing on.
Hello. OK, I won't use that word anymore. My name doesn't matter. OK, but you said your getting paid by InstaCash, which doesn't even have an app or a product. Why are they going to pay you for your patents when you said your technology is widely used but nobody else pays you?
There are many others we cannot answer publicly, and by the way you didn't answer my question, what is your short position? And who are you representing?
If you get a chance to read the press release, it links to the actual contract with InstaCash, we licensed our patents, it's called licensing revenue. IP is a revenue model. The product will be live end of 2023, early 2024. This is not my first rodeo, I invented mobile payment, google me. Happy to do an interview to share with you what's happening.
You had a contract with Infinios Financial Services too and now impaired $6m worth of intangible capitalized assets, which is most of the APCX's assets. What will happen to that technology that they turn the Services off for this year? Would you have to rebuild the software infrastructure with your recent acquisition of FinZeo and therefore start over again?
The Finzeo acquisition completes what we started with Infinios as well as other projects internally which saves us an enormous amount of time and money.
My name is Mehrak (Mayrack) Hamzeh, I am the author of the patents for AppTech, acting as CTO and Director of IP and Partnerships. Please contact me directly at mhamzeh@apptechcorp.com so you can get the real scoop versus making up defamatory comments. Your short position needs to run for the hills. We are a real deal, get your facts straight, InstaCash is a real deal, please check their website by Friday their new logo/brand will be up. For anyone doubters out there, call me 858.997.9135.
And when will the InstaCash will be an actual working App?
Expecting end of Q4 2023, early 2024 hence our acquisition of Finzeo. You can contact me for a full interview, happy to share. Not sure how that's going to help your short position.
Hello Mehrak. Please point out which statements are incorrect in my report.
@AVResearch, what is the amount of your short position? Who's short position are you representing?
And quickly working up a short report after they just announce an acquisition… goes to show
Ummm where do you come up with this crap? ROFL. Yall are desperate.
I suggest you read their financial statements. It is all there.
My name is Mehrak (Mayrack) Hamzeh, I am the author of the patents for AppTech, acting as CTO and Director of IP and Partnerships. Please contact me directly at mhamzeh@apptechcorp.com so you can get the real scoop versus making up defamatory comments. Your short position needs to run for the hills. We are a real deal, get your facts straight, InstaCash is a real deal, please check their website by Friday their new logo/brand will be up. For anyone doubters out there, call me 858.997.9135.
So you will close your short position at 0?
Asking for a friend
Your YouTube video was the most unprepared, jumbled piece of work I’ve ever seen, similar to this horribly written article. You are a wannabe Hindenburg but even they would never allow you to work for them so you are stuck posting with no name YouTubers and substacks. You are very lucky you live in a world where idiots are free to roam and feel empowered to speak out online since no one can grab you thru a computer screen. You would never be able to stand up in a professional group and go over your findings.
I know you get tips, what made you focus on AppTech such a random company?
I kept looking for your profile and could not find anything about you being part of Apptech team. Where can I find that information?
Did you get a chance to confirm what and who I represent?
Go to Nasdaq.com here's the link and scroll down to Key Executives:
https://www.nasdaq.com/market-activity/stocks/apcx
I am an analyst. I don't work on tips. I do my own due diligence.
Your website says give us a call we rely on tips. What is it? Are you a hotline for tips or do you do market research? Please clarify.
And I told you before I am an analyst. Don't do tips.
Why haven't you requested a product demo so you can see for yourself how impressive our platform is?
"Revenue was approximately $223 thousand and $227 thousand for the six months ended June 30, 2023 and 2022, representing a decrease of 2%. The decrease was principally driven by lower transaction volume and fewer merchant accounts."
That is from APCX's most recent 10Q. Whatever product you have does not generate much for the company at this point. And if I am wrong about APCX, then that will show in the future periods, in terms of revenue and profitability. However, in at least the last 10 years, there is not much revenue nor profit. How long will it take to reverse that and sell your product commercially at scale at profit is a big unknown. Until then I have already made my position clear in my report. Now that you are open for communication I will certainly reach out to you if I have any further questions about the company going forward. Wish you all the luck!
Yes, it took that long for the technology to populate and propagate on every mobile phone computer. I am excited to hear your report on us for Q3'23, Q4'23 then 2024++. All the best :)
That is a lie on your part. There is no such comment on my page.
I must be thinking of another of these fake report sites, my apologies I must have confused it with another website. I can delete/retract my statement. Why haven't you requested a product review yet? This way you will know we have products.
What made you pick AppTech? I am honored. Love to do an interview.
We turned them off because we have better and more efficient ways to come to market without them.
You impaired $6m worth of capitalized intangible asset related to them, which basically means $6m of future product that no longer exists. How does it impact your product in development? What is actually left of that collaboration worth of product that have been beta tested since end of 2022 with them on board?
I will provide the answer when you disclose how many shares your short and who's position you represent? Like I said, we found a quicker and more efficient way to come to market which tremendously impacts AppTech's completion of development. Finzeo puts us in market with revenue and our current products which you failed to point out.
@AVResearch, what is the amount of your short position? Who's short position are you representing?
https://patents.google.com/patent/US8369828B2/en?oq=8%2c369%2c828
And with no product ready you need to raise cash and dilute current shareholders and than dilute more since even if you develope it by say, end of the year or next year, you would have to raise cash again, and dilute more decreasing shareholders value, since the company does not generate much in revenue and the product would have to out compete Zelle, Venmo, Cash APP and possibly other companies. So how is what you have worth 54M in market capitalization? And the value of those patents don't seem worth much on the balance sheet, you have $243k in intangible assets there. Is that what those patents worth?
We have not done an appraisal on the patents yet, but do the math last year over $185 billion dollars was transacted over text to pay. How much royalty revenue do you think we should get? Why don't do you homework and review our patents, they are gold. Our market cap is low, the upside is limitless licensing. We are about to execute our IP licensing strategy this year as well. Let's do a live podcast tell the world the truth. Who's short interest do you represent?
"How much royalty revenue do you think we should get?"
Hello. Why are you asking the author how much revenue you should get? Don't you know? Your the one who is running the scam.
"do the math last year over $185 billion dollars was transacted over text to pay."
What math is there to do? How much royalty revenue was made from these transactions? What new invention are your patents? Are you claiming that you invented digital payments? What company out there is making money from royalty revenue regarding digital payments? I've never heard of such a thing.
Hi there!!! Great to meet you. No one is running a scam, please refrain from the false word choice as that is defamatory. What's your name? If you're going to defame our name, at least tell me your name. We kick off our IP licensing strategy end of this year. No, we are not claiming we invented digital payments, but our technology is widely used in mobile payment which we are capitalizing on.
Hello. OK, I won't use that word anymore. My name doesn't matter. OK, but you said your getting paid by InstaCash, which doesn't even have an app or a product. Why are they going to pay you for your patents when you said your technology is widely used but nobody else pays you?
Those are not developed products as I have already pointed out in my report.
There are many others we cannot answer publicly, and by the way you didn't answer my question, what is your short position? And who are you representing?
If you get a chance to read the press release, it links to the actual contract with InstaCash, we licensed our patents, it's called licensing revenue. IP is a revenue model. The product will be live end of 2023, early 2024. This is not my first rodeo, I invented mobile payment, google me. Happy to do an interview to share with you what's happening.
You had a contract with Infinios Financial Services too and now impaired $6m worth of intangible capitalized assets, which is most of the APCX's assets. What will happen to that technology that they turn the Services off for this year? Would you have to rebuild the software infrastructure with your recent acquisition of FinZeo and therefore start over again?
The Finzeo acquisition completes what we started with Infinios as well as other projects internally which saves us an enormous amount of time and money.
What Services did Infinios turned off? And how that will impact future development of your product?